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September 01, 2020 1:37pm
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BlackRock sees Fed cutting U.S. rates by 25-50 bps 'over the next few months'

The Federal Reserve may reduce key U.S. interest rates by between 25 and 50 basis points in the coming months due to global trade conflicts and signs of a cooling jobs market, BlackRock's top bond manager Rick Rieder said on Friday.
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